FIXED INCOME(Published Date :7/8/2014)

Now is the time for central banks in developed markets to begin normalising interest rates, following an extended period of record lows and unconventional monetary policy measures, according to the Bank for International Settlements’ (BIS) latest annual report

One year on after the so-called ‘Taper Tantrum’ prompted investors to ditch local currency-denominated Asian debt, institutions are again hunting for yield in the region’s fixed-income market amid improving macro-economic fundamentals, attractive valuations and an unfavourable interest rate environment in developed markets